consumer trends

  • Indian Household Consumption Shifting from Necessities to Asset Building: EAC-PM Report Reveals Changing Economic Patterns

    Indian Household Consumption Shifting from Necessities to Asset Building: EAC-PM Report Reveals Changing Economic Patterns

    Nov 25, 2025 06:56 pm CST

    A new report from India's Economic Advisory Council reveals a significant shift in household spending patterns, with consumers increasingly prioritizing asset-building investments over basic necessities. This trend, visible across income groups including the bottom 40% of households, shows growing ownership of motor vehicles, refrigerators, and mobile devices, signaling improved living standards and reduced asset poverty nationwide.

  • Walmart Partners With OpenAI: Revolutionizing Shopping Through ChatGPT Integration

    Walmart Partners With OpenAI: Revolutionizing Shopping Through ChatGPT Integration

    Oct 15, 2025 03:05 pm CST

    Walmart is transforming retail by partnering with OpenAI to enable direct shopping on ChatGPT. This innovative collaboration will allow customers to browse and purchase products with a simple "buy" button, connecting their existing Walmart accounts to the AI platform. Set to launch this fall, this strategic move represents Walmart's continued commitment to leveraging artificial intelligence across its operations while meeting consumers where they already interact with technology.